The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
Well, many people choose to see the black side, but I think they are losing their point. Lets see the bright side: a year ago the price of Bitcoin was $900, Ethereum cost $10, and Bitcoin Cash didnt even exist
Look at the present: now, BTC is around $10,000, and Ether more or less $1,000, we now have Bitcoin Cash, which price goes around $1,600!!!
Yes, Crypto has been falling a bit from the last weeks, but just analyze where they are now!!
I think this is wise to stay on earth and do not lose the point: the cryptocurrencies are just babies, recently born, and they have a bright way ahead.